With Frankel ruled out of a tilt at the Prix de l'Arc de Triomphe in favour Ascot's Champion Stakes, Camelot heads the revised Arc betting.
Although clearly an exceptional colt, at this stage, the Ballydoyle horse has still not faced anything beyond what is a poor three-year-old crop.
Last year's heroine Danedream is next best at 6/1, but no horse has won the Arc twice since Alleged in 1978 and she will not enjoy the three-year-old allowance that she benefited from in 2011.
At 8/1, then, Nathaniel is worth a punt. Granted, Danedream did him by a nose in the King George, but that run came just two weeks after his reappearance triumph in the Eclipse. He also has the option of the Ascot race, but, were he to win next weekend's Irish equivalent, he would likely dispute Arc favouritism.
Given that Nathaniel's trainer John Gosden is an arch-pragmatist, the temptation to have one last stab at Frankel, a 1/10 shot, might soon disappear if there is a sniff of glory at Longchamp.